- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0074794

About Dipti Vegoils Limited
Data last updated:
Dipti Vegoils Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 28 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15100MH1997PLC109670. Its GSTIN is 27AABCS4359N1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹56 Lakh. It was formerly known as Shakti Vegoils Limited. It is led by directors including Mahesh Jethalal Somaiya and Chetan Mav.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gala No.2 Mummy House Plot No. 45 Sector – 19/A Vashi Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2024, the company reported a revenue of ₹67.09 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹26.4 Lakh (net margin 0.4%) and EBITDA of ₹1.21 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 9% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹48.72 Cr on record.
Dipti Vegoils Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0074794). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website diptivegoilsltd.com.
Company details
Recognitions & Rankings of Dipti Vegoils
Contact details
Dipti Vegoils Limited's registered office is in Navi Mumbai, Maharashtra. Its website is diptivegoilsltd.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressGala No.2 Mummy House Plot No. 45 Sector – 19/A Vashi Navi Mumbai, Maharashtra, India – 400705
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Dipti Vegoils Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Dipti Vegoils is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Dipti Vegoils Limited, buy the company report.
Financials of Dipti Vegoils Limited
FY 2025 filings availableDipti Vegoils Limited reported revenue of ₹67.09 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 4% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.21 Cr | ||||
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| Net Profit (PAT) | ₹26.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Dipti Vegoils Limited, buy the company report.
Board of directors of Dipti Vegoils Limited
Dipti Vegoils has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Jethalal Somaiya | Director | 01 Jul 2005 | 21 Years 4 Months | Current |
| Chetan Mav Also directs: Airoli Business City Private Limited, Newa Technocity (India) Private Limited, Newa Developers (India) Private Limited and 1 more | Director | 09 Apr 2018 | 8 Years 7 Months | Current |
| Mithubhai Khiyashi Mav | Director | 28 Jul 1997 | 29 Years 3 Months | Current |
Peer comparison
Dipti Vegoils Limited is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Secunderabad Oils Private Limited | ₹67.23 Cr (FY 2025) | 105.0% | Hyderabad, Telangana, India | |||
| Dipti Vegoils Limitedthis company | ₹67.09 Cr (FY 2024) | ₹26.4 Lakh | 0.4% | -4.0% | 12 | Navi Mumbai, Maharashtra, India |
| Durga Extraction Private Limited | ₹66.29 Cr (FY 2025) | -26.0% | Kolhapur, Maharashtra, India | |||
| Shiv Shankar Edible Private Limited | ₹64.91 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Dipti Vegoils Limited, buy the company report.
Auditor
Dipti Vegoils Limited is audited by ARVIND BANSAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARVIND BANSAL & CO | FY 2023 | 041993 |
Shareholding
The shareholding of Dipti Vegoils Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Dipti Vegoils Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2022 | 100562337 | Others | ₹8 Cr | Open | |
| 19 Aug 2020 | 100367495 | Others | ₹60 Lakh | Satisfied | |
| 15 Apr 2020 | 100335415 | Others | ₹5 Cr | Satisfied | |
| 23 Feb 2017 | 100081889 | Others | ₹8.6 Cr | Satisfied | |
| 28 Feb 2013 | 10410534 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹10 Cr | Satisfied |
To see the full charge records of Dipti Vegoils Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
No court or tribunal cases involving Dipti Vegoils Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dipti Vegoils Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dipti Vegoils Limited has a workforce of 12 employees on its EPFO records as of Mar 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 12 |
| FY 2018-19 |
To see the full employee and EPFO history of Dipti Vegoils Limited, buy the company report.
GST
Dipti Vegoils has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS4359N1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dipti Vegoils Limited, buy the company report.
Recent activity
Dipti Vegoils Limited has 5 board changes on record since 1997: 3 appointments and 2 cessations. The latest: Thakarshi Khiyashi Mav ceased to be Director on 17 Mar 2022.
18 earlier events are in the company report.
Frequently asked questions
Dipti Vegoils is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 28 July 1997 (29+ years old) and is registered under CIN U15100MH1997PLC109670.
Dipti Vegoils has 3 current directors:
- Mahesh Jethalal Somaiya - Director
- Chetan Mav - Director
- Mithubhai Khiyashi Mav - Director
The latest financial statements of Dipti Vegoils on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dipti Vegoils is 27AABCS4359N1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dipti Vegoils is U15100MH1997PLC109670. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dipti Vegoils was incorporated on 28 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dipti Vegoils by revenue are Secunderabad Oils Private Limited, Durga Extraction Private Limited, Shiv Shankar Edible Private Limited, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (wholesale trading).
Thakarshi Khiyashi Mav ceased to be Director on 17 Mar 2022. Chetan Mav was appointed as Director on 09 Apr 2018. Chetan Mav ceased to be Director on 16 Mar 2015. Dipti Vegoils has 5 board changes on record in total.
Yes, Dipti Vegoils is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0074794).
Dipti Vegoils can be reached through the website diptivegoilsltd.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Dipti Vegoils is at Gala No.2 Mummy House Plot No. 45 Sector – 19A Vashi Navi Mumbai, Maharashtra, India – 400705.

